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between israel and hamas. dagen: dan, how does this progress? >> well, it probably ends with a cease-fire, eventually. i dow not that the bus bombing was carried out by hamas. i do not know if you'll get a cease fire over the weekend. what they got was a lot of public support, but not much more than that. connell: you say it may end with a cease fire. say we get that. for the sake of our discussion. then what? how does that affect us and the rest of the process going forward? >> one of the difficulties is the next thing you want is a truce. the israelis are saying are we talking about a truce or a timeout? , want israel to lift the blockade of the gaza strip. they cannot cut off the sure that that will happen. it will be very difficult to get a truce. dagen: how does it impact those tensions now? >> this is an excellent question. what the israelis have achieved is they have not rot international condemnation upon themselves. the interesting reason they did that is because they had this missile defense system set up. it knocked down about 90% of the rockets that hamas had sent him. th
. israel school and this is to take out the 10,000 missiles that are in gaza. that are capable of reaching jerusalem and tel aviv. in six months from now, they want the option to be able to have a strike and not have to have retaliation. dagen: at what point will israel or would israel said troops and? >> if they cannot get the missile. if they can take them out by air, they far prefer to do that. connell: was shook the u.s. involvement in this piece? what is the u.s. role in all of this? >> anybody trying to broker a deal before that happens will not work. the key to this -- egypt 40 years ago signed a peace treaty for israel. for 40 years they have not shot at each other. this is a different egypt now. it will all be about egypt. egypt has a really tight line to walk. if it somehow joins with the muscle burn brotherhood, america will cut them of their aid. i think egypt tries to walk right down the middle. i do not think they get involved dagen: do so with the president and prime minister was saying her in the last week. >> yes. the egyptian president worries that the way he came to powe
of the cease-fire between israel and hamas, first of all. sandra: it certainly is. not really sustaining the selloff. currently down $0.24, still a little bit of a selloff but nonetheless prices have been coming down into thanksgiving weekend. a lot of drivers hitting the road, 34 million of them writing. obviously the cease-fire has an immediate impact on prices going down, but a lot of you say oil and gas will be going higher the rest of the year. >> we have come off of the 100 level. obviously we have seen high volatility in that market up 3%, down 3%. the last four days of trading up 2%, down 2%, a lot of volatility. all regarding the uncertainty in the middle east as you mentioned definitely prices at the pump are a concern. as long as sales are below 10$100per barrel. it just came off of an extreme. 70s are the lower extreme. sandra: a lot of traders on the floor so they are preparing for higher prices. a lot of these folks are saying if we get a compromise as far as the fiscal cliff, by the end of the year this event means higher oil and gas prices, so there is a lot of indecision
. hamas launching a rocket from the gaza strip and israel even more reason to mobilize in the oil market reacting. the top of the hour, stocks down every 15 minutes nicole petallides talking about the stock market at the new york stock exchange. nicole: the stock market across the board for the most part down arrows, we have seen selling since the election transpire. we have seen the selling over the last seven or nine weeks if you include this week right here. down about 30 points again, some names wing and the dow jones industrial including hewlett-packard, verizon, jpmorgan, the fear index is slightly higher. often with an equities and commodities so we're seeing oil higher today. nike, a familiar name we all know. a lot of people know the bags, they're actually selling it off to the apex partners 570 million. they raised their quarterly dividend. back to you. dagen: thank you so much, nicole. beginning negotiating ways to avoid the fiscal cliff. time is not on their side, we're joined by congressman from both sides of the aisle, from colorado and equally fine wisconsin represented by
to end the violence between hamas and israel. connell: we have the former ambassador of the united nations. are you optimistic that in the not so distant future that we will see some piece? >> well, i am optimistic. first of all, i am optimistic because i just came for the new york stock exchange where i rang the opening bell. today is israel today at the new york stock exchange. to see the israeli flag next to the united states flag was very uplifting and very optimistic there'd i am optimistic that there will be an end to this. we are fighting a brutal organization that has been showering 14,000 rockets at israeli villages and schools and cities and kindergarten over the last seven years. over 10,000 rockets just in the last few days. indiscriminately wanting to kill civilians and especially aiming at schools and kindergarten. this has to stop. it has to stop with the knowledge and certainty that that snake will never raise its ugly head again. dagen: what can secretary clinton do or what needs to be done to avoid a ground invasion by israel? >> i very much welcome secretary clin
. melissa: israel expands the scope of activists to more densely packed areas. death toll nearing 100. hamas leaders calling for israel to end the attack in egypt along with turkey have stepped attempts to grover a peace fire. they're looking for a cease-fire to egypt today. israel began missile strike last week in response to a month of rocket fire from the gaza strip. tensions have libya on the rise as well. it is sitting at a four-week high right now, $89.61, just a shade below $90 per barrel. lori: i wonder that is already priced in or if we have more bullish, it'll be a tough couple of days. stocks are up big. we are keeping an eye on intel, time to step down. we will get investor reaction to that. melissa: in the market for a new computer? will it be a macro pc? and talking about oil, but it is doing very well today. silver the winner on a percentage basis of almost 2.5%. we will be right back. here to weigh in, senior [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes wi
in the region. her trip comes as a senior hamas official says no cease-fire deal with israel is in place but an agreement is close. how close is a cease-fire, if at all? >> lori, close doesn't really count very often at these kinds of deals. either you got a deal or you don't, and right now there is no confirmation from anyone officially that there is a deal. everyone says they are very close, but still in the past couple of hours, we've seen an almost unprecedented amount of artillery fire and then rocket fire coming back from the gaza strip that hasn't happened since this conflict began. in some ways that's a bad sign obviously it is more fire. in some ways it is a good sign because typically before there is a cease-fire deal, you often times get everyone trying to fire as much as they possibly can right up until the last minute. and that may be the case. so far today in israel, at least 20 people injured, an additional one person killed bringing the death total here in israel to four. over on the palestinian side more than 100 people killed as we head into the night hours to figure ou
to get to sin city from southern california. debatch ri at its best. a tense standoff at the gaza israel border ending with one person dead and several injured. this is just days after that truce was put into place. we have details on that and take a look at the oil markets. oil up more than 1% today, really following the stock market higher, but 88 bucks plus a barrel. ♪ [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active cabe difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with ahritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benets with theisks. all prescription nsaids, like celebrex, ibuprofen, naproxe a
is the latest on this from united after the computer glitch. thanks. dagen: israel moving troops south after the latest conflict in the gaza strip. does this spell greater unrest in the middle east? connell: the founder of five our energy is here answering questions that have come up in a report that this energy drink may be linked to 13 deaths since 2008. this is the response from the company but first let's look at oil today. we will have a lot more talk about oil throughout the hour, $86 a barrel. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. connell: former cia director david petraeus testifying tomorrow morning in front of the house and senate intelligence committees about the attack from the consulate in benghazi. and the number of things this morning, secretary of state hillary clinton, and this will not. >> david petraeus was the head of the cia when all of this went down in the first twenty-four
into israel from the gaza strip. time for stocks now as we do every 15 in its. nicole petallides is standing by. nicole: there is so much to watch. you will see our reporter. he was wearing a helmet. oil is on the rise. we are watching the fiscal cliff so closely. everyone has heard about this. they will be working together. it is sort of saying this silver lining is in sight and that gave us a boost here on wall street. 12,471. our heart of the day was 12,602. not far off from yesterday's. you are seeing some financials here. they are trying to move along. jpmorgan was in the red earlier today. bank of america. some of the financials are still in the red. citigroup, goldman sachs, case-by-case. it is not a blanket of of arrows across the board. it still remains. it is something they have to contend with sooner than later. melissa: breaking news right now. the fire is now out at the offshore oil platform. that is in the gulf of mexico. there was an explosion just after 9:00 a.m. eastern. it was about 20 miles off the coast of louisiana. at this time, the coast guard, look at that, the coast
inserted himself into the peace agreement between israel and hamas. >> he negotiated a cease-fire between israel and hamas, the words were not out of president obama's mouth praising him for this, offering to help him with half a billion dollars of aid, convincing the imf to give him almost $5 billion of aid and what did morsi do? e seized all the controls of power. already got the parliament and the presidency, put his guys in the military and taking over. connell: in the old days they used to say hosni mubarak was not the best guy in the world but the u.s. can work with him. what about now? >> that is an important difference to make because he was a dictator, hosni mubarak was that he was our guy, pro-american and kept peace with israel. the new guy is a dictator too but not necessarily our guy. not necessarily pro-american. he is part of the muslim brotherhood which is a movement going through the entire middle east now, hijacking the arabs spring and they are anti-american, anti israeli and islamist. dagen: why not pull our funding from the country? >> what we should do is say to them
in the united states, let's maybe go to israel. israel has a very strong and nicole industry. they may actually move ahead of the united states. >> these letter writers are saying, look, we are already pulling back on our end the year in the united states. nationally, that would affect job growth here. cheryl: you have stocks now, of course, every 15 minutes. nicole: we are setting new session highs. take a look at the dow jones industrials. we are up about 15 points right now. american express turning into the green over the last hour or so. the s&p 500 is now well into the green. it is one third of 1% to the upside..3 that obviously is better than what we have done throughout the day here. retailers are doing quite well today. let's take a look at two names. express as well as ann taylor. they came out with third-quarter profit that beat the street and raised their outlook. take a look at express. they are doing well. they reported weaker sales. i want to take a winner also at costco. that has been a leader on the s&p 500. another name that moves along with the whole fiscal cliff idea, over 1
assault cease-fire for the past 24 hours along the israel border. and taking a 54 congressional committee today. refusing to answer questions from the committee. the tainted steroid use is responsible for 32 deaths. president obama will be holding his first news conference since march and just about an hour from now. the president acted to address the looming fiscal cliff reportedly call for $1.6 trillion in new taxes over the coming decade. we will bring it to you live on the fox business network when it happens. does the headlines making news this hour. back to you. dennis: thank you, uma. president obama an hour or so late meeting with ceos. wall street ceos not on the list, not invited. the capital market and regulation, joining us now. an industry bipartisan trade group. it looks like obama's relations with the things have improved. does he look ready to make peace? >> piece has to be made. sort of like the same situation of fiscal cliff. they have to get together and figure out the best way to go forward. dennis: keeping the regulations with an onslaught of dodd-frank regulations, t
. there was the agreement with israel, mubarak was an ally of the united states, a cut off aid not good to his own people but cooperated with us with the war on terror. all of the ingredients were there 18 months ago they are still there but 75% of the population is under the age of 30. they don't have jobs and the prospects. they toppled their dictator but things have not got better so they are back on the streets. >> did we misinterpret what the appraise saying was about? arab sprained, fighting for there rights when it was about religion? >> more about economic prospects. revolutions happen with a large baby-boom population. american revolution. chinese revolution, french revolution. even eastern europe and the soviet union. with a population bubble when you add economic disaster with good prospects down the road people take to the streets the economy in egypt has not gotten better. >> then to have the right course of the track them to replace with another dictator. >> that has not because of political stability. they are getting their money out with business opportunities and prospects so people are
sales came in this morning and prices were quite depressed. the military strike from israel, how precise it is. speaker there you go, middle east. melissa: thank you so much. lori: stocks down 80 points before the president speaks to make a case for higher taxes. nicole petallides on the floor of the new york stock exchange with more. nicole: higher taxes are something to mull over. a lot of people on wall street have postelection blues, and now fiscal cliff blues. look at the major market averages down 81-point head of the president's speech, the tech heavy nasdaq has moved into correction territory. let's take a look at two retailers. abercrombie and fitch and theirr aeropostel. they had strong sales abroad, strong margins. talk about the u.s. with healthy growth outlook there as well. and they look at aeropostle. they bought the online retailer would've just went onto from where our self with it. back to you. the one breaking news. melissa: house subcommittee reports blaming the corzine position in the blast, headlines hitting right now. the representative choice sealed mf global fait
thursday temporarily widening his powers blocking his decision from judicial review. israel defense manager says he is stepping down from the ranks. just weeks ahead of the general election. the former general and one-time prime minister said he will stay at his post until a new government is formed. those are your headlines. back to dagen and connell. dagen: online black friday sales topping a record. $1 billion. connell: we want to know about today. supposed to be this big day online. we have sent adam shapiro out there. >> 1.2 million square feet. they have 40 of these centers throughout the united states. this is the largest. we are on a 15 minute rate. they will come back at 11:30 a.m. they have been going 247. anybody who is selling online. at amazon.com, they will sell more than 200 items per second. last year it was 204 items per second. they expect revenue in the fourth quarter to be 16 to possibly 30% higher. i want to give you a quick shot of that area i am in. they take them out and put them in the yellow fins. they are said further down the line to the pickers. then they packag
. i wouldn't call it credit for pressuring both israel and the egypt to get hamas to agree to the cease-fire. it is a very limited cease-fire. it won't last. it doesn't change the strategic environment and it clearly gave morsi the view that he would have a free hand domesticly to do what he has just done. melissa: i don't want to let you go without asking you i was struck by pictures exhuming yasser arafat questioning what he did of. what do you think of that? >> i don't think he died of polonium poisoning. only people that used that is soviets. i don't think they killed arafat. i think this is way pinning his death on somebody else. as happens in that part of the world it is not their responsibility but somebody else's. melissa: why now? >> an issue kicking around for quite some time i think circumstances led to it being this time. i don't attribute to any grander plan. i don't think it will fundamentally change the circumstance there is. melissa: ambassador, thanks for coming on. we appreciate it. lori: drop in the buckket. we know people with families more than $250,000
is around 3%. middle eastern crisis, iran and israel, whether there will be attack on iranian nuclear installations very difficult to predict. last and most importantly the u.s., not just the fiscal cliff, the debt, $16 of debt and dealing with the deficit how that will play outpost the election . a lot of people are hoping the president will focus on his legacy and will be more accommodating and seek agreement. but the initial indications have not been as positive as perhaps some thought. >> but you said as we were waiting to chat that it's not just that the president in your view needs to be more friendly towards the business community but the business community also needs to work with the president. >> i think it would be arow gant on the business community to say it is the president's fault. any relationship is two-way. i think the general atmosphere is important. if there is felt to be a lack of respect on either side in terms of what's happened it is not good. so i think improving that atmosphere post the election into the second term this is a big opportunity to re-establish or
in the middle east than this. we have the situation between iraq and israel, syria, turkey, everything frankly heading for destabilization. it is frightening. thank you very much, former congressman as well. thank you for coming on the show. dennis: a rather monumental failure by industry and government. 11 days after superstorm sandy left town and new york imposing alternate day rationing as gas lines grow at the pump. what is wrong with this picture? adam shapiro joins us from a manhattan gas station. >> drivers will tell you what is wrong is they can't get-but first a live picture of the line at 45th street down to 38th st.. is only a 30 minute wait. it was 10 to 15 minutes about two hours ago but more drivers have shown up but they are steadily going into the station and some video shows you how long the line is. these new restrictions put in place by the bloomberg administration because of the hour upon hour long lines that motorists deal with not only in new york city in manhattan but long island. according to the administration something like 70% of the gas stations in all of the five b
Search Results 0 to 18 of about 19

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